The Good Tech Companies - XION Now Available From The Anchorage Digital Platform, Expanding Institutional Access

Episode Date: March 20, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/xion-now-available-from-the-anchorage-digital-platform-expanding-institutional-access. This support, on the back of becoming the first Title II compliant L1, provides institutional asset holders with a secure avenue to custody, stake, and trade Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #xion, #chainwire, #press-release, #xion-announcement, #blockchain-development, #crypto-wallet-security, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. XION, a walletless blockchain bridging Web2 and Web3, announced that Anchorage Digital has added asset support for its native token. Anchorage Digital acts as a compliant bridge between traditional finance and the digital asset ecosystem. The integration streamlines institutional onboarding and ensures compliance with stringent regulatory requirements.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Xeon now available from the Anchorage Digital platform, expanding institutional access, by Chainwire. New York City, New York, March 20, 2025, Chainwire, Exeona walletless blockchain bridging Web2 and Web3, announced that Anchorage Digital, home to the first and only federally chartered crypto bank has added asset support for its native token. This support, on the back of becoming the first titled 2Compliant L1, provides institutional asset holders with a secure avenue to custody, stake, and tradex ION, with Anchorage Digital

acting as a compliant bridge between traditional finance and the digital asset ecosystem. With this integration, Anchorage Digital clients can seamlessly acquire, hold, stake, and manage Xeon assets without relying on traditional exchanges. The integration streamlines institutional onboarding and ensures compliance with stringent regulatory requirements. This provides institutional asset holders secure access to emerging blockchain networks. Through Anchorage Digital's infrastructure, asset managers, venture capital firms, and ETF providers can now engage with the Xean ecosystem while benefiting from a secure custodial framework.

Greater than, providing secure access to Xean from a qualified custodian opens doors for greater than asset managers, venture capital firms, and other institutional participants to greater than engage with the ecosystem," said Bernd Banksy, founder at Xean. Greater than With trusted platforms like Anchorage Digital, the gap between the legacy web greater than in the next generation of blockchain applications is being narrowed. Xean's blockchain technology is already in use by major global brands, including Uber, Amazon Prime, BMW, LaCoste, Marvel Rivals, and the North Face.

By providing institutional-grade custody and asset management services, Anchorage Digital ensures that large, regulated institutional asset holders gain access to the blockchain-spurring mainstream adoption of Web 3, while adhering to compliance standards set by regulators. Institutional investors can also stake Xeon directly through Anchorage Digital, allowing them to participate in network security and collect rewards within a regulated framework. For asset managers and venture firms looking to access Xeon, Anchorage Digital's platform provides a variety of solutions for treasury management, staking, and liquidity. By leveraging Anchorage Digital's infrastructure, institutions can engage with Xeon in a controlled, secure, and regulated environment. The integration comes at a time when institutional interest in digital assets is at an all-time high. By adding support for Xeon,

Anchorage Digital expands its offering to institutions seeking access to emerging blockchain networks while maintaining a commitment to compliance and security. To learn more about the integration, visit Xion's blog here. About XionXion is the first walletless layer-1 blockchain focused on making Web3 accessible to all users. It achieves this by making crypto disappear through its generalized abstraction, simplifying complexities such as wallets, private keys, multi-device usage, gas fees, and more. By removing common Web3 friction points, Xeon accelerates the mainstream adoption of Web3 by making blockchain technology more accessible to users and developers. Website, Blog, Discord, Telegram, GitHub, LinkedIn, XA Bout Anchorage Digital Anchorage Digital is a global crypto platform that enables institutions top-articipate

in digital assets through custody, staking, trading, governance, settlement, and the industry's leading security infrastructure. Home to Anchorage Digital Bank NA, the only federally chartered crypto bank in the US, Anchorage Digital also serves institutions through Anchorage Digital Bank NA, the only federally chartered crypto bank in the US, Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore, Anchorage Digital New York, which holds a bit license from the New York Department of Financial Services, and self-custody wallet Portu by Anchorage Digital. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman

Sachs, KKR, and Visa, with its series devaluation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York, Porto, Portugal, Singapore, and Sioux Falls, South Dakota. Learn more at Anchorage.com, on X at Anch Singapore, and Sioux Falls, South Dakota. Learn more at Anchorage.com, on X at Anchorage, and on LinkedIn. Anchorage Digital. Press at Anchorage.com Contact Berndt Press at Berndt.com Tip This story was distributed as a release by Chainwire under Hacker Noon's Business

Blogging Program. Learn more about the program here. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.